MN
MNST
Quarter ended Sep 30, 2024 · FY2024 Q3

Monster Beverage (MNST) Revenue — Quarter Ended Sep 30, 2024

Revenue for the quarter ended September 30, 2024, was reported at the same level as the prior quarter but was higher than the same quarter a year ago. This resulted in a slight sequential decline compared to the immediately preceding quarter.

Key takeaway

Quarter ended Sep 30, 2024 · FY2024 Q3

Revenue for the quarter ended September 30, 2024, was reported at the same level as the prior quarter but was higher than the same quarter a year ago. This resulted in a slight sequential decline compared to the immediately preceding quarter.

Financial snapshot

Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.

Quarter revenue

$1.9B

Revenue reported for this quarter.

Quarter-over-quarter

-1.0%

Change from the immediately preceding quarter.

Year-over-year

+1.3%

Change from the comparable year-ago quarter.

Trailing four quarters

$7.4B

Sum of the latest four reported quarters.

Quarterly revenue trend

The latest four reported quarters with year-over-year comparisons.

Period endedRevenueYear-over-year change
Dec 31, 2023$1.7B+14.4%
Mar 31, 2024$1.9B+11.8%
Jun 30, 2024$1.9B+2.5%
Sep 30, 2024$1.9B+1.3%

Revenue performance

The reported revenue direction is a modest sequential decline, while year-over-year performance showed an increase.

Quarterly comparison

Compared to the immediately preceding quarter, revenue decreased slightly. Compared to the same quarter one year earlier, revenue increased.

What to watch

Note that the sequential decline occurred after several quarters of consecutive sequential increases.